Contemporary Auditing, 11th Edition
- Michael C. Knapp
- ISBN-10: 1305970810
- ISBN-13: 9781305970816
- 592 Pages | Paperback
- Previous Editions: 2015, 2013, 2011
- COPYRIGHT: 2018 Published
Use real cases to illustrate the work environment and professional responsibilities of auditors and examine factors and circumstances that often lead to problem audits and failures. Knapp’s CONTEMPORARY AUDITING, 11E has updated its most popular cases, including Enron Corporation, The Boeing Company, Golden Bear Golf, Kaset Thai Sugar Company, Lehman Brothers, Leigh Ann Walker, Madoff Securities, The Trolley Dodgers, Walmart de Mexico, and ZZZZ Best Company. Fifteen new cases include a comprehensive Le-Nature’s, Inc. case and Bankrate, Overstock.com, and Parker-Halsey cases showing high-risk audits. Avon and Saks Fifth Avenue cases highlight internal control while two additional cases emphasize ethics and two cases focus on professional roles. Ernst & Young, Internet Infamy, and Texas Drug Warehouse cases address professional issues and an international case reviews Olympus. The book integrates new professional auditing and ethical standards with an updated Instructor’s Manual.
1. COMPREHENSIVE CASES.
Enron Corporation. Lehman Brothers Holdings Inc. Just for FEET, Inc. Health Management, Inc. The Leslie Fay Companies. Le-Nature’s Inc. Navistar International Corporation. Livent, Inc. ZZZZ Best Company, Inc. DHB Industries, Inc. New Century Financial Corporation. Madoff Securities. AA Capital Partners, Inc.
2. AUDITS OF HIGH-RISK ACCOUNTS.
Jack Greenberg, Inc. Golden Bear Golf, Inc. Take-Two Interactive Software, Inc. General Motors Company. Lipper Holdings, LLC. CBI Holding Company, Inc. Bankrate, Inc. Belot Enterprises. Powder River Petroleum International, Inc. LocatePlus Holdings Corporation. Overstock.com, Inc. Parker-Halsey Corporation.
3. INTERNAL CONTROL ISSUES.
The Trolley Dodgers. Howard Street Jewelers, Inc. Avon Products, Inc. First Keystone Bank. Goodner Brothers, Inc. Buranello’s Ristorante. Saks Fifth Avenue. The Boeing Company. Wal-Mart de Mexico.
4. ETHICAL RESPONSIBILITIES OF ACCOUNTANTS.
Creve Couer Pizza, Inc. F&C International, Inc. Suzette Washington, Accounting Major. Freescale Semiconductor, Inc. Wiley Jackson, Accounting Major. Arvel Smart, Accounting Major. Zane Corbin, Accounting Major. Dell Inc.
5. ETHICAL RESPONSIBILITIES OF INDEPENDENT AUDITORS.
Cardillo Travel Systems, Inc. American International Group, Inc. Caesars Entertainment Corporation. IPOC International Growth Fund, Ltd. Le-Nature’s Inc., Part II. Richard Grimes, Staff Accountant.
6. PROFESSIONAL ROLES.
Leigh Ann Walker, Staff Accountant. Bill DeBurger, In-Charge Accountant. Hamilton Wong, In-Charge Accountant. Tommy O’Connell, Audit Senior. Avis Love, Staff Accountant. Charles Tollison, Audit Manager. Madison Wells, Audit Manager. Tillman Rollins, Office Managing Partner.
7. PROFESSIONAL ISSUES.
Ligand Pharmaceuticals. Sarah Russell, Staff Accountant. Washington Council Ernst & Young. Internet Infamy. Fred Stern & Company, Inc. (Ultramares Corporation v. Touche et al.). First Securities Company of Chicago (Ernst & Ernst v. Hochfelder et al.). Texas Drug Warehouse. Frank Coleman, Staff Accountant. Olivia Thomas, Audit Senior.
8. INTERNATIONAL CASES.
Longtop Financial Technologies Limited. Kaset Thai Sugar Company. Republic of Somalia. Republic of the Sudan. Shari’a. Olympus Corporation.
All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.
Keep auditing real and relevant for students with immediate access to Contemporary Auditing, 11E's companion website. This resource allows you to download the Solution Manual (with instructor notes) from the password-protected, instructor-only section of the site.Instructor’s Online Solutions Manual (ISBN-10: 133729165X | ISBN-13: 9781337291651)
In addition to instructor notes, the Solution Manual includes a solution for each case. Each case solution contains five sections: A Synopsis, Key Facts, Instructional Objectives, Suggestions for Use, and Suggested Solutions to Case Questions. You also find information on the "case method" approach to using cases in accounting courses and insights into getting started using cases. The author provides 13 strategies, or tactics, for using cases. A Summary of Topics by Case and Suggested Syllabus for a Graduate Auditing Course completes the Solution Manual. It is also available in hard copy.